Energy News

State utility regulators and Florida Power & Light's parent company said Monday that they would investigate anonymous allegations that FPL managers broke the law and committed fraud by forcing employees to provide inaccurate and misleading information to regulators and shareholders.

NSTAR is lowering supply rates for its largest customers in response to lower prices on the wholesale electricity market.

Storm systems barreling across the country may bring as much as 20 inches of new snow to Washington and Baltimore starting late tomorrow, while New York may receive a foot, forecasters said.

Xcel Energy has inspected sewer and gas line intersections for more than three dozen homes in St.

Husky Energy Inc. has announced its third significant discovery in the South China Sea.

Consumers Energy's headquarters in downtown Jackson. Consumers Energy plans to lay off 80 unionized workers by the end of this month.

PORTLAND, Ore. - The Bonneville Power Administration says the El Nino weather pattern has forced it to cut its hydro-power revenue forecast this year by more than $230 million.

About 30 banks including BNP Paribas SA and Rabobank Nederland NV are being lured back into financing a oesexya U.S. renewable energy projects following an $80 billion government investment in the industry, a project manager said.

EPA: PPL coal waste impoundment secure: Study calls for less vegetation, more thorough inspections at Lower Mount Bethel site Feb.

The upstart renewable energy organization, Marin Energy Authority, voted unanimously last night to a five-year deal with Shell Oil to provide energy in direct competition with Pacific, Gas and Electric.

PPL Corp. said today its earnings for 2009 figured well ahead of the company's reported and ongoing earnings forecast.

Power outages are mounting in southwestern Virginia as a major winter storm rolls through.

The recession has battered the U.S. economy, but the lobbying industry is humming along in the nation's capital, even for companies that have shed thousands of jobs in the past year.

Energy Partners Ltd. on Friday increased its production guidance for the fourth quarter and 2010, crediting three new wells in the Gulf of Mexico.

Sunoco Inc. said its fourth-profit plummeted as it struggled with weak demand for energy products.

A blizzard dumped two feet of snow across much of the U.S. mid-Atlantic on Saturday, paralyzing travel, leaving tens of thousands without power and creating a winter wonderland in a region not used to big snows.

Nearly two years ago, a broad coalition of environmental groups celebrated a deal with a Texas oil company that promised to eventually end its drilling operations off California's scenic Santa Barbara County coast.

A dispute over control of $370 million in assets traced to accused Ponzi schemer Allen Stanford is holding up disbursement of the funds, but the liquidators and the receiver in the case are in talks to settle the matter, liquidators for Stanford's Antigua bank said on Friday.

Nathan VanderKlippe CALGARY - Published on Friday, Feb. 05, 2010 12:14PM EST S hares in UTS Energy Corp.

Natural gas transport and storage company Spectra Energy Partners LP said Friday its fourth-quarter profit rose as it benefited from acquisitions and the performance of other business operations.